Income & Economy in Minot, ND

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$77,431

+6% vs national

Per Capita Income

$43,915

+18% vs national

Poverty Rate

9.7%

-29% vs national

Gini Index

0.4474

0 = perfect equality

Unemployment

3.4%

-35% vs national

SNAP Recipients

7.0%

of households

How Minot Compares

Source: Census ACS (2023)

Minot vs Similar Cities

Source: Census ACS (2023)

Compared to cities with 25,000 - 50,000 residents. Minot is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Minot. The median household income here is $77,431.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
15.3%
$25-50K
15.6%
$50-75K
18.2%
$75-100K
16.3%
$100-150K
16.5%
$150-200K
8.8%
$200K+
9.3%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

3.4%

-7% vs ND avg

Labor Force

28,283

Employed

24,902

Mean Commute

18 min

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

19.8%

of adults 25+

High School Diploma+

39.3%

of adults 25+

Median Age

33.6

Work from Home

5.4%

of workers

The median household income in Minot, ND is $77,431, which is 5.7% above the national average of $73,224. Per capita income is $43,915. The poverty rate of 9.7% is lower than the ND state average of 11.3%. The Gini index of income inequality is 0.4474, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 3.4%, compared to the state average of 3.6%. 19.8% of adults hold a bachelor's degree or higher. The average commute time is 18 minutes, with 5.4% working from home.